The unemployment rate in France was steady at 7.5% in the fourth quarter of 2023, the same as an upwardly revised reading of 7.5% in the previous quarter and compared to market forecasts of 7.4%. The number of unemployed persons increased by 29 thousand to 2.3 million, with the unemployment rate for people aged 25 to 49 rising by 0.2 percentage points to 7%. Meanwhile, the unemployment rate for people aged 15 to 24 decreased by 0.2 percentage points to 17.5% and declined by 0.1 percentage points to 5% for those aged 50 and more. Among genders, men's unemployment rate ticked up by 0.1 percentage points to 7.6%, while it ticked down by 0.1 percentage points to 7.4% for women. Meantime, the activity rate rose to 74.1% in the fourth quarter of 2023 from 73.8% in the previous three-month period. source: INSEE, France

Unemployment Rate in France remained unchanged at 7.50 percent in the fourth quarter of 2023 from 7.50 percent in the third quarter of 2023. Unemployment Rate in France averaged 8.36 percent from 1975 until 2023, reaching an all time high of 10.70 percent in the first quarter of 1994 and a record low of 3.20 percent in the first quarter of 1975. This page provides the latest reported value for - France Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2024.

Unemployment Rate in France remained unchanged at 7.50 percent in the fourth quarter of 2023 from 7.50 percent in the third quarter of 2023. Unemployment Rate in France is expected to be 7.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Unemployment Rate is projected to trend around 7.60 percent in 2025 and 7.90 percent in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-11-15 06:30 AM
Unemployment Rate
Q3 7.4% 7.2% 7.3% 7.30%
2024-02-13 06:30 AM
Unemployment Rate
Q4 7.5% 7.5% 7.4% 7.2%
2024-05-17 05:30 AM
Unemployment Rate
Q1 7.5% 7.40%


Related Last Previous Unit Reference
Employed Persons 30454.60 30412.60 Thousand Dec 2023
Employment Rate 68.40 68.30 percent Dec 2023
Government Payrolls 5967.30 5942.80 Thousand Dec 2023
Labor Force Participation Rate 74.10 73.80 percent Dec 2023
Long Term Unemployment Rate 1.80 1.70 percent Dec 2023
Manufacturing Payrolls 2865.80 2859.20 Thousand Dec 2023
Non Farm Payrolls 27077.60 27065.70 Thousand Dec 2023
Private Non Farm Payrolls Prel 21110.30 21122.90 Thousand Dec 2023
Population 68.14 67.93 Million Dec 2023
Productivity 99.05 99.13 points Dec 2023
Unemployment Rate 7.50 7.50 percent Dec 2023
Wages 3466.00 3321.00 EUR/Month Dec 2022
Wages in Manufacturing 117.20 116.90 points Dec 2023

France Unemployment Rate
In France, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
7.50 7.50 10.70 3.20 1975 - 2023 percent Quarterly
SA

News Stream
France Jobless Rate Steady at 7.5%
The unemployment rate in France was steady at 7.5% in the fourth quarter of 2023, the same as an upwardly revised reading of 7.5% in the previous quarter and compared to market forecasts of 7.4%. The number of unemployed persons increased by 29 thousand to 2.3 million, with the unemployment rate for people aged 25 to 49 rising by 0.2 percentage points to 7%. Meanwhile, the unemployment rate for people aged 15 to 24 decreased by 0.2 percentage points to 17.5% and declined by 0.1 percentage points to 5% for those aged 50 and more. Among genders, men's unemployment rate ticked up by 0.1 percentage points to 7.6%, while it ticked down by 0.1 percentage points to 7.4% for women. Meantime, the activity rate rose to 74.1% in the fourth quarter of 2023 from 73.8% in the previous three-month period.
2024-02-13
France Jobless Rate Ticks Up to 7.4% in Q3
The unemployment rate in France rose to 7.4% in the third quarter of 2023, up from 7.2% the previous quarter, slightly higher than market expectations of 7.3%. The unemployment rate reached its highest level since the second quarter of 2022, with the number of unemployed rising by 78 thousand to 2.3 million. The unemployment rate for people aged 15 to 24 rose by 0.7 percentage point to 17.6%, while it rose by 0.2 percentage point to 6.7% for those aged 25 to 49. Meanwhile, the unemployment rate for people aged 50 and up remained unchanged at 5.1%. Among genders, men's unemployment rose by 0.1 point to 7.4%, while women's unemployment rose by 0.3 point to 7.4%. Meantime, the activity edged down to 73.8% from 73.9%.
2023-11-15
France Jobless Rate Edges Up to 7.2% in Q2
The unemployment rate in France inched up to 7.2% in the second quarter of 2023 from 7.1% in the previous quarter, and the highest since Q3 2022, as the number of unemployed people increased by 20 thousand to 2.2 million. Meanwhile, the unemployment rate for people aged 15-24 rose by 0.1 points to 16.7%. On the other hand, the unemployment rate was up 0.1% for people aged 25-49 to 6.5%, while those for people aged 50 or more fell slightly to 5.1%. Among genders, the jobless rate for women increased by 0.3 points to 7.1%, while those for men decreased by 0.2 points to 7.2%. Meanwhile, the activity was stable at 73.9%.
2023-08-11